National Semiconductor traces its roots back to the history of Silicon Valley, but now will be absorbed (12,000 products and all) into arch-enemy and competitor Texas instruments.
This acquisition drives TI further forward as a powerhouse in the chip industry, crowning it king of analog semiconductors (17% of total market after acquisition) which also represent 50% of TI's sales (pre-acquisition).
Analog integrated circuits are used in everything, from smartphones and communications hardware to automobiles, manufacturing equipment, solar energy production and especailly M2M applications.
NatSemi faces a $200 million termination fee if it accepts now a higher bid or walks away from the deal. If Texas Instruments drops this acquisition (except in certain conditions) it would owe National Semi $350 million in a reverse termination fee.
